Motivate to improve remittance inflow

6 December, 2019 12:00 AM printer

Remittance flow has become alarmingly low in Bangladesh. Since 2015, it has been reducing gradually by the year. The labour market for Bangladeshi migrant workers shrunk steadily, as a result of large number of migrants returning from different countries. The number of outgoing migrant workers is much less in comparison to the returnees. According to unofficial figures, around 35,000 Bangladeshi expatriates have returned home empty handed in the last 10 months.

Manpower export to major labour markets remains almost stagnant, taking a toll on Bangladesh’s economy and causing rise in unemployment. The growing queue of returnee migrants from major labour markets is creating pressure on the country’s economy and remittance inflow.

Authorities must take urgent steps to rectify the prevailing situation and improve the manpower export from Bangladesh; else it will have a terrible impact on the economy due to the rising massive unemployment all over the country, particularly in rural Bangladesh.

Wage earners’ remittance is a major source of foreign exchange for the country. With massive infrastructure development plan of the government to carry the country forward, finance of ongoing mega projects are vital for Bangladesh to join the league of middle income nations. Reduced earnings from remittance could halt or slowdown the ongoing work.

The concerned ministry for overseas labour must work sincerely to address the problems facing the Bangladeshi labour market. Having training centers at the Union level, in the pro-migration districts, would encourage and motivate greater number of workers to undertake technical trainings to raise their skill level and empower them to go abroad.

Increasing both technical and linguistic skills of workers are equally important. Japan is eager to take Bangladeshi migrant workers, provided that they know Japanese. Therefore, language training must be incorporated in trainings for migrant workers.

Equipping workers with language skill, technical training and adequately mentoring and motivating them before sending them overseas could ensure their prolonged and fruitful overseas stay. We hope that authorities would be more labour friendly and solve their issues. Following up their conditions by embassy officials for mental support when needed, could dramatically improve the present scenario to change for the better within a short time.